News from the Jotun Group
Read the latest news and press releases from Jotun.
Jotun Powder Coatings announce price increase of all its products with immediate effect
PRESS RELEASE: Due to significant and continuous raw material cost increases throughout 2017 and early 2018, Jotun Powder Coatings announce price increase of all their products with immediate effect. The necessary increase will be in a range, of up to 20 per cent, depending on the specific compositions of the products.
Sales growth, but weaker profitability for Jotun
PRESS RELEASE: Jotun had a turnover of NOK 16 401 million in 2017, an increase of four per cent compared to 2016. At the same time, operating profit ended at 1 354 million, a decrease of 23 per cent. A sharp rise in raw material prices is the main reason for the decline in earnings.
Jotun meets extreme demands of onshore oil, gas and chemical industries with new Thermosafe range providing better corrosion protection, hence less maintenance for the operators
PRESS RELEASE: The onshore oil, gas and chemical industries are evolving, and they need protective coating solutions to keep pace with ever more extreme demands. That’s the message from Jotun, one of the world’s leading global paints and coatings provider, which today launches the unique Thermosafe range, enabling customers operating at higher temperatures, with enhanced safety, efficiency and productivity.
Increased sales, but earnings decline for Jotun
PRESS RELEASE: The Jotun Group recorded sales of NOK 11,048 million during the first eight months of the year. Results are impacted by weak demand in shipbuilding and the offshore industry.
Jotun celebrates successful trial of wave energy system
Together with other partners supporting Waves4power, as Swedish-based clean energy company, Jotun see potential in the new innovative wave energy system. The system was presented for HM King Harald and a wide audience in Runde, Norway on 21 September.